As part of the Paycheck Protection Program SCHUMACHER ELEVATOR CO INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SCHUMACHER ELEVATOR CO INC


Loan Amount	$5,567,312
BusinessName	SCHUMACHER ELEVATOR CO INC
Address	1 SCHUMACHER WAY
City	DENVER
State	IA
Zip	50622
NAICSCode	333921
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Veteran
NonProfit
JobsReported	229
DateApproved	04/09/2020
Lender	Heartland Bank
CD	IA-01
BusinessName.clean	SCHUMACHER ELEVATOR CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

SCHUMAN AVIATION COMPANY LTD
SCHUMANN PRINTERS
SCHUNK INTEC
SCHUPAN SONS
SCHURZ COMMUNICATIONS